When the legal system makes your business model a shaky one, change the model. That’s a shift online lender Lending Club is mulling over — one in which the firm may have to forgo at least some of its revenues in an effort to keep...
May 27, 2016
The New York state financial regulator, newly enmeshed in a probe into embattled online lender Lending Club, is widening its gaze to include other online lenders and is examining whether they should be licensed in New York state at all, Reuters reported on Thursday (May 26), citing unnamed sources. The regulator, the New York Department of […]
